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Conclusion of Analysis of steel global Industry

Category: Financial Statement Analysis Paper Type: Report Writing Reference: N/A Words: 250

        Summing up all the discussion the objective of the report is achieved. This report is about the Steel industry analysis. Now in this analysis there are following perspective, like the SWOT analysis, PESTEL analysis plus the 5 porter forces is explained. The value chain analysis of the steel industry is also developed by the porter which is useful for the manufacturing sectors, and it is not used in all these cases for the value system, of sectors. For the steel manufacturing, the value chain model is developed by using the integrated steel plant by the five primary activities. Then the support activities are proposed for the material management   along with the infrastructures is explained.

Future trends

        The steel industries are increasing day by day. The reason is that there is a lot of building that is manufactured and also homes. Due to this demand of steel, some steel industries are a lot of trouble and also in pressure. There is also another reason, and that is related to the environmental condition. The steel industries are unable to give proper efficiency. To overcome this drawback in this industry they must have to work on future trends to improve the efficiency of the steel. For this, the world steel association was involved in launching that steel in this industry that is produced from seven leading steel producers. They work on makinga suitable strategy for the other steel industries in the future. 

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